Global X Canadian S&P/TSX 60 Covered Call ETF

TSX:CNCCCanada

CNCC seeks to provide: (a) exposure to the performance of an index that is designed to measure the performance of the large-cap market segment of the Canadian equity market (currently, the S&P/TSX 60 Index); and (b) monthly distributions of dividend and call option income. To mitigate downside risk and generate income, CNCC will employ a dynamic covered call option writing program. To achieve its investment objective CNCC invests, directly or indirectly, in a portfolio of large capitalization Canadian companies, which may include ETFs that provide exposure to such companies. Quarterly, on the Constituent Reset Date, the Investment Manager will select from the largest and most liquid Canadian issuers listed on the TSX and will, directly or indirectly, invest CNCC in each issuer. CNCC’s portfolio exposure to the constituent securities will, directly or indirectly, rebalance on each Constituent Reset Date.